“Big money” Positions
“Big money sentiment for Semtech Corp (NASDAQ:SMTC) in 2018 Q2 decreased to 1.14, SEC.gov filings reveal. So its down -0.07, from 2018Q1’s 1.21. 95 funds started new and increased equity positions, while 83 cut down and sold their positions in Semtech Corp so the sentiment turned negative. These funds own 63.32 million shares, that’s up from 62.89 million shares in 2018Q1. Funds holding Semtech Corp in top 10 changed to 1 from 1 for the same number . 21 Investors Sold All; 62 Reduced Holdings; 61 increased holdings while 34 funds bought holdings.
Biggest Semtech Corp Investors
As of 2018 Q2 Glaxis Capital Management Llc has 2.04% invested in Semtech Corp. Semtech Corp’s shareholder Frontier Capital Management Co Llc owns 4.41 million shares as of 2018 Q2. In addition, Rice Hall James & Associates Llc reported 845,027 shares in Semtech Corp equivalent to 1.45% of its equity exposure. The Texas-based fund Stephens Investment Management Group Llc have invested about 1.2% of the active investment manager’s stock portfolio in Semtech Corp. The Pennsylvania-based fund Penn Capital Management Co Inc holds 321,478 shares or 1.13% of their equity exposure.
Semtech Corporation designs, develops, makes, and markets analog and mixed-signal semiconductor products.The company has $3.10 billion market cap. The firm provides signal integrity products, including a portfolio of optical communications, broadcast video, and backplane products used in various enterprise computing, industrial, communications, and high-end consumer applications; and a portfolio of integrated circuits for optical transceivers, backplane, and high-speed interface applications.63.84 is the P/E ratio. It also offers protection products, such as filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; and wireless and sensing products comprising a portfolio of specialized radio frequency products used in various industrial, medical, and communications applications, as well as specialized sensing products used in industrial and consumer applications.
Ticker’s shares touched $46.73 during the last trading session after 3.81% change.Semtech Corporation has volume of 381,205 shares. Since November 10, 2017 SMTC has risen 64.39% and is uptrending. The stock outperformed the S&P500 by 48.77%.
Investors expect Semtech Corporation (NASDAQ:SMTC)’s quarterly earnings on December, 5., Faxor reports. earnings per share of $0.46 is 35.29 % up from 2017’s $0.34 EPS. The profit will be $30.47 million for SMTC if $0.46 earnings per share becomes true. After $0.37 earnings per share was reported last quarter, analysts now see EPS growth of 24.32 % for Semtech Corporation.
Millennium Mngmt Ltd Co stated it has 0.02% in Semtech Corporation (NASDAQ:SMTC). Utd Automobile Association has invested 0.03% in Semtech Corporation (NASDAQ:SMTC). Miles Inc accumulated 5,221 shs. Credit Suisse Ag holds 59,459 shs. Tci Wealth Advisors Incorporated owns 0% invested in Semtech Corporation (NASDAQ:SMTC) for 19 shs. Numerixs Investment Tech, British Columbia – Canada-based fund reported 3,400 shs. Bradley Foster And Sargent Inc Ct invested 0.06% of its capital in Semtech Corporation (NASDAQ:SMTC). Morgan Stanley accumulated 235,777 shs. Glenmede Tru Na accumulated 0% or 1,134 shs. Pinebridge Invests Lp holds 0.05% of its capital in Semtech Corporation (NASDAQ:SMTC) for 42,991 shs. Martingale Asset Mgmt Limited Partnership invested in 0% or 7,608 shs. State Of Tennessee Treasury Department reported 45,595 shs. Royal National Bank Of Canada holds 0.01% or 308,677 shs in its capital. Thrivent For Lutherans invested in 45,403 shs. Thompson Siegel And Walmsley holds 0.08% or 125,503 shs in its capital.
Semtech Corporation registered $17.06 million net activity with 0 insider purchases and 30 selling transactions since May 15, 2018. Brown Simon A had sold 2,000 shs worth $118,010 on Tuesday, September 4. $143,247 worth of Semtech Corporation (NASDAQ:SMTC) shs were sold by KIM JAMES JUNGSUP. On Monday, June 4 MAHESWARAN MOHAN also sold $7.48 million worth of Semtech Corporation (NASDAQ:SMTC). WILSON JOHN MICHAEL had sold 15,000 shs worth $885,002 on Wednesday, September 5. Silberstein Asaf had sold 11,428 shs worth $588,687. CHUKWU EMEKA sold $64,050 worth of Semtech Corporation (NASDAQ:SMTC) on Wednesday, September 12.
Semtech Corporation (NASDAQ:SMTC) Ratings Coverage
In total 7 analysts cover Semtech (NASDAQ:SMTC). “Buy” rating has 6, “Sell” are 0, while 1 are “Hold”. 86% are bullish. 14 are the (NASDAQ:SMTC)’s analyst reports since May 21, 2018 according to StockzIntelligence Inc. On Thursday, May 24 the firm has “Outperform” rating by Oppenheimer given. On Thursday, June 21 the company was maintained by Oppenheimer. On Thursday, October 11 the stock of Semtech Corporation (NASDAQ:SMTC) has “Buy” rating given by Stifel Nicolaus. On Monday, May 21 FBR Capital maintained the shares of SMTC in report with “Buy” rating. On Thursday, May 31 the firm has “Buy” rating by FBR Capital given. On Thursday, June 21 the rating was maintained by FBR Capital with “Buy”. On Thursday, May 31 Drexel Hamilton maintained Semtech Corporation (NASDAQ:SMTC) rating. Drexel Hamilton has “Buy” rating and $5000 target. On Tuesday, September 4 the stock has “Hold” rating by Needham. On Thursday, May 31 the rating was maintained by Needham with “Buy”. In Thursday, June 21 report Needham maintained the stock with “Buy” rating.
More recent Semtech Corporation (NASDAQ:SMTC) news were published by Investorplace.com, Fool.com and Nasdaq.com. The first one has “Trade of the Day: Semtech Corp (SMTC)” as a title and was published on October 29, 2018. The next is “Here’s Why Leading Semiconductor Stocks Plunged Today” on October 24, 2018. And last was published on October 29, 2018, called “Report: Developing Opportunities within Strategic Education, Semtech, Immune Pharmaceuticals, American Renal …”.
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